NSI: Exports of Goods from Bulgaria to Third Countries Decreased by 23.2% in 2018

National Statistical Institute released preliminary data today regarding trade in goods of Bulgaria with third countries in the period January - July 2018.

The data shows that in this period, the exports of goods from Bulgaria to third countries decreased by 23.2% in comparison with the same period of 2017. The main non-EU trading partners of Bulgaria were Turkey, China, Serbia, the USA, the Russian Federation, etc. The most notable falls were reported in sections “Mineral fuel, lubricants and related materials’ (-61.9%) and "Beverages and tobacco" (-42.4%). A grow was recorded only in the section “Animals and vegetable oils, fats, and waxes” (33.3%).

Imports of goods to Bulgaria from third countries in the period increased by 3.7%. Again the Russian Federation and Serbia imported the largest amounts.

Meanwhile, in the period January - June 2018 the exports of goods from Bulgaria to the EU increased by 10.7% compared to the same period of 2017. Some of the main trade partners were Germany, Italy, and Romania. Imports of goods to Bulgaria from the EU in the same period increased by 9.7%.

In the period the total value of all the goods exported from Bulgaria amounted to BGN 30 463.8 million which is 1.8% less than in 2017. The total value of all the goods imported in the country amounted to BGN 36 018.0 million.

Petya Petrova

Petya Petrova is a journalist, believer, and traveler.

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